$URBN OPTIONS ACTIVITY POINTS TO $23 ON THE DOWNSIDE
retail WRECKAGE HAS ENSUED TODAY AND IN OUR OPINION THAT WILL CONTINUE INTO THE EARNINGS REPORT FROM
URBN
. ALREADY IN A MASSIVE DOWNTREND THE OPTIONS MARKET HAS BEEN ACTIVE WITH THE $23 PUTS STRIKE EXPIRING ON MAY 24TH . THEY STOCK HAS ALREADY LOST STRONG SUPPORT AT $27 NEXT STOP IS $23, $22 THEN $16. CURRENT SHORT INTEREST IS 16% AND WE EXPECT THAT TO INCREASE.
AVERAGE RECOMMENDATION OVERWEIGHT
AVERAGE PRICE TARGET $35
Company Description
Urban Outfitters, Inc. engages in the operation of a general consumer product retail and wholesale business selling to customers through various channels including retail locations, websites, catalogs and mobile applications. It operates through the Retail, and Wholesale segments. The Retail segment contains the Anthropologie, Bhldn, Free People, Terrain, and Urban Outfitters brands; and its Food and Beverage division. The Wholesale segment designs, develops, and markets apparel, intimates, active wear, and home goods under the Free People, Anthropologie, and Urban Outfitters brands.
URBN
. ALREADY IN A MASSIVE DOWNTREND THE OPTIONS MARKET HAS BEEN ACTIVE WITH THE $23 PUTS STRIKE EXPIRING ON MAY 24TH . THEY STOCK HAS ALREADY LOST STRONG SUPPORT AT $27 NEXT STOP IS $23, $22 THEN $16. CURRENT SHORT INTEREST IS 16% AND WE EXPECT THAT TO INCREASE. AVERAGE RECOMMENDATION OVERWEIGHT
AVERAGE PRICE TARGET $35
Company Description
Urban Outfitters, Inc. engages in the operation of a general consumer product retail and wholesale business selling to customers through various channels including retail locations, websites, catalogs and mobile applications. It operates through the Retail, and Wholesale segments. The Retail segment contains the Anthropologie, Bhldn, Free People, Terrain, and Urban Outfitters brands; and its Food and Beverage division. The Wholesale segment designs, develops, and markets apparel, intimates, active wear, and home goods under the Free People, Anthropologie, and Urban Outfitters brands.